COAGX vs. QAMNX

Last updated Apr 3, 2026

Compare and contrast key facts about Caldwell & Orkin - Gator Capital Long/Short Fund (COAGX) and Federated Hermes MDT Market Neutral A (QAMNX).

COAGX is managed by Caldwell & Orkin. It was launched on Aug 23, 1992. QAMNX is managed by Federated. It was launched on Sep 30, 2008.

Performance

COAGX vs. QAMNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Caldwell & Orkin - Gator Capital Long/Short Fund (COAGX) and Federated Hermes MDT Market Neutral A (QAMNX). The values are adjusted to include any dividend payments, if applicable.

COAGX vs. QAMNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
COAGX Caldwell & Orkin - Gator Capital Long/Short Fund	3.61%	17.44%	35.58%	31.98%	-7.18%	5.46%
QAMNX Federated Hermes MDT Market Neutral A	2.07%	10.00%	17.33%	4.71%	9.19%	12.29%

Returns By Period

COAGX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QAMNX

• 1D: 0.70%
• 1M: 0.65%
• YTD: 2.07%
• 6M: 7.31%
• 1Y: 8.52%
• 3Y*: 10.62%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

COAGX vs. QAMNX - Expense Ratio Comparison

COAGX has a 2.00% expense ratio, which is higher than QAMNX's 1.86% expense ratio.

COAGX

Caldwell & Orkin - Gator Capital Long/Short Fund

QAMNX

Federated Hermes MDT Market Neutral A

Return for Risk

COAGX vs. QAMNX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QAMNX

QAMNX Risk / Return Rank: 67
QAMNX Sharpe Ratio Rank: 67
QAMNX Sortino Ratio Rank: 74
QAMNX Omega Ratio Rank: 69
QAMNX Calmar Ratio Rank: 75
QAMNX Martin Ratio Rank: 48

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

COAGX vs. QAMNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Caldwell & Orkin - Gator Capital Long/Short Fund (COAGX) and Federated Hermes MDT Market Neutral A (QAMNX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	COAGX	QAMNX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.34	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.88	—

Correlation

The correlation between COAGX and QAMNX is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

COAGX vs. QAMNX - Dividend Comparison

COAGX has not paid dividends to shareholders, while QAMNX's dividend yield for the trailing twelve months is around 1.50%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COAGX Caldwell & Orkin - Gator Capital Long/Short Fund	0.00%	0.00%	0.81%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	5.81%
QAMNX Federated Hermes MDT Market Neutral A	1.50%	1.53%	1.85%	5.89%	11.74%	20.80%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	COAGX	QAMNX	Difference
Max Drawdown Largest peak-to-trough decline	—	-17.97%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-4.16%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-5.25%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.44%	—

Volatility

Volatility by Period

	COAGX	QAMNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.24%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.92%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	6.41%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	14.04%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	14.04%	—